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Brainhole Tech Expands Stake in Innovative Automaker
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Brainhole Tech Expands Stake in Innovative Automaker

Brainhole Technology Limited (HK:2203) has released an update.

Brainhole Technology Limited has disclosed its latest transaction involving the purchase of 5,200 shares of Sokon, a company recognized for its intelligent electric vehicles and high-performance engines, for about RMB0.5 million. The acquisition, conducted through the open market and funded by Brainhole’s internal financial resources, is part of a series of transactions that aggregate to RMB3.3 million over the past year, making it a discloseable event under the Hong Kong Listing Rules.

For further insights into HK:2203 stock, check out TipRanks’ Stock Analysis page.

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